04 - Laserfiche WebLink

this time. Design review applications of this nature are subject to review and approval by the Planning Commission. BACKGROUND The Stoneridge Mall The Stoneridge Mall Regional Shopping Center (Stoneridge Mall) is part of the overall mixed-use retail/office/hotel development located in the northwest area of Pleasanton defined by 1-580, 1-680, Stoneridge Drive, and Foothill Road. The central mall building containing a variety of restaurants, shops, and services is owned by Simon Properties and is located on its own property. Attached to and interconnected with the central mall building are five department stores, each located on its own property, including Macy's Men's Store, Macy's Women's Store, J.C. Penney, Nordstrom, and Sears (recently closed and purchased by Simon Properties). Construction of Stoneridge Mall began in 1979 with the central mall building and the J.C. Penney, Emporium Capwell, and Macy's department stores. Nordstrom was added in 1989, Sears and its parking structure were added in 1995, and Cheesecake Factory and P. F. Chang's China Bistro were added in 2005. Development Agreement The Stoneridge Mall is governed by a development agreement, amended since its original approval which grants to the mall ownership vested rights to certain entitlements. In 1992, the City and The Taubman Company — original owners of the Stoneridge Mall — entered into a Development Agreement, which granted rights to the mall to expand by 178,000 square feet. In January 1998, the City approved the first Amendment to Development Agreement to further increase the Stoneridge Shopping Center by an additional 202,000 square feet, allowing for a total of 380,000 square feet of additional floor area. In summary, the original and amended Development Agreement granted the following entitlements and restrictions to the owners of the shopping center and their successors: • Permitted the expansion of the shopping center floor area by a total of 380,000 square feet. (The additional to -be -developed area has been "drawn down" to 362,790 square feet of floor area due to the construction of the P.F. Chang's and Cheesecake Factory restaurants.) • Reserved 10,000 gallons per day of sewer capacity for the entire shopping center. (This capacity has been used completely by the present Stoneridge Mall retail businesses and restaurants.) • Referenced the permitted and conditional uses of the C-R(M) District of the Pleasanton Municipal Code (PMC) for the shopping center with the applicable City approvals. • Established parking ratios between 4.5 and 3.5 parking spaces per 1,000 square feet of floor area for retail categories unless the City approves a lesser ratio. (These parking ratios exceed the City's retail parking standard of 3.33 parking spaces per 1,000 square feet.) No other uses are specified. The City has made the interpretation that all other uses not specified as retail in the Development Agreement refer back to the Pleasanton Municipal Code. P18-0340, Stoneridge Shopping Center Planning Commission 2of13